1M6MYTD1Y5YMAX
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Restructuring drives Meritage Hospitality to quarterly loss of $13.6 million
Meritage Hospitality reported a net loss of $13.6 million for the quarter ended June 28, weighed down by one-time restructuring and closure charges of $13.8 million. Revenue fell to $150.0 million from $163.5 million a year earlier, and restaurant operating income dropped to $10.3 million. For the first half, the loss stands at $23.1 million; the company reaffirms full-year guidance of $520–530 million in revenue and $30–40 million in restaurant operating income. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | |
|---|---|---|
| Revenue | 123.54M | 10.96% |
| Gross profit | 10.54M | 81.71% |
| Net profit | -11.85M | 4,398.17% |
| EBITDA | 3.38M | 44.76% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €12.12M |
Number of shares | 6.72M |
52-week high/low | €9.69 - €1.17 |
| Dividends | No |
Beta | -0.21 |
P/E ratio | -0.26 |
PEG ratio | 0.00 |
P/B ratio | 0.19 |
P/S ratio | 0.02 |
Company profile
| Name | MERITAGE HOSPITALITY NEW |
| CEO | Robert E. Schermer Jr. |
| Employees | 10,000 |